TY - RPRT A1 - Roth, Christopher A1 - Schwardmann, Peter A1 - Tripodi, Egon T1 - Misperceived Effectiveness and the Demand for Psychotherapy T2 - Berlin School of Economics Discussion Papers N2 - While psychotherapy has been shown to be effective in treating depression, take-up remains low. In a sample of 1,843 depressed individuals, we document that effectiveness concerns are top-of-mind when respondents consider the value of therapy. We then show that the average respondent underestimates the effectiveness of therapy and that an information treatment correcting this misperception increases participants’ incentivized willingness to pay for therapy. Information affects therapy demand by changing beliefs rather than by shifting attention. Our results suggest that information interventions that target the perceived effectiveness of therapy are a potent tool in combating the ongoing mental health crisis. T3 - Berlin School of Economics Discussion Papers - 36 Y1 - 2024 UR - https://nbn-resolving.org/urn:nbn:de:kobv:b1570-opus4-53621 U6 - https://doi.org/10.48462/opus4-5362 ET - No. 36 ER - TY - RPRT A1 - Gars, Jared A1 - Prada, Laura A1 - Tripodi, Egon A1 - Borda, Santiago T1 - Personalized Reminders: Evidence from a Field Experiment with Voluntary Retirement Savings in Colombia T2 - Berlin School of Economics Discussion Papers N2 - A large share of the global workforce lacks access to employer-sponsored retirement plans. In Colombia, where labor informality is high, the government introduced the Beneficios Economicos Periodicos (BEPS) program to promote voluntary retirement savings. However, many enrollees fail to contribute regularly. We conduct a randomized controlled trial with 2,819 BEPS users, assigning them to different planning and monthly reminder treatments, where reminders are tailored in their timing. We find that personalized reminders significantly increase both the frequency and amount of savings, with individuals who recognize their forgetfulness more likely to demand reminders. Our findings highlight the role of reminders tailored to individuals’ preferred timing in sustaining engagement in voluntary savings programs. T3 - Berlin School of Economics Discussion Papers - 73 Y1 - 2025 UR - https://nbn-resolving.org/urn:nbn:de:kobv:b1570-opus4-59257 UR - https://berlinschoolofeconomics.de/insights/discussion-papers U6 - https://doi.org/10.48462/opus4-5925 ET - No. 73 ER -